Lots of local real estate stories included here: https://www.sandiegoreader.com/news/2021/sep/22/cover-san-franciscans-and-others-driving-san-diego/ We’ve all heard about how home prices in San Diego have never been higher, and that demand is so great that homes for...
Month: September 2021
Carlsbad Low-Income Housing Sites
Give input on locations for future housing The city is seeking input on where new housing units could be built in Carlsbad to satisfy a state requirement that cities accommodate their fair share of the region’s housing needs, including homes for people of all income...
Carlsbad Fields of Dreams
Holy October!
Looking at the monthly selling trends, average days on market, and a price to sale amount ratios over the last years......these are the best months to sell a home across the U.S.
Bubbleinfo’s 16th Anniversary
It was 16 years ago today that the blog began with this post - which still has some relevance today: https://www.bubbleinfo.com/2005/09/24/20-25-appreciation-per-year-how-can-that-happen/ Here is a summary of where we've been:...
Frenzy Monitor
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. It's interesting to see that the total number of actives and pendings are so similar - as close as they were in late-June as the...
San Diego: Buyers More Critical, But Stable
This company surveys new-home and resale agents every month, and this report confirms more of what we've been experiencing: A few more listings (but NSDCC listings are dropping off now). More listings not selling/buyers getting pickier. Buyer traffic is steady, and...
The Fed’s Soft Landing
From Mortgage News Daily - thank you: Mortgage rates were surprisingly steady today as the bond market reacted to a new policy announcement from the Fed. Perhaps "reacted" is the wrong word considering the market's response. Specifically, the bond market (which...
Ponto Resort
Did you know that a major resort in SW Carlsbad has been in the works since 2007? Here is their timeline: https://www.newage-resorts.com/timeline
San Diego County Median Sales Price, History
While we're talking about the median sales price of detached-homes in San Diego County, let's review the last ten years. There usually is some dropoff towards the end of the year: The last frenzy in 2013 saw the median sales price increase 26% between January and...